Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks) - Page 50 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks)

Reply
 
Thread Tools
  #491 (permalink)  
Old 07-07-2021, 12:56 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
anyone knows the typical performance bonus for MO/BO functions at ocbc/uob/dbs, and when it is usually paid out? understand the quantum is ultimately down to individual performance. but i would to know a range to better gauge whether i should take up an offer. thank you.
Get in first then talk. No point ask so much jiao wei

Reply With Quote
  #492 (permalink)  
Old 07-07-2021, 01:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Get in first then talk. No point ask so much jiao wei
He already say he want to consider before taking up the offer which implies he already has the offer. You still say what get in first then say? You got read or brain cannot process basic english?

Reply With Quote
  #493 (permalink)  
Old 07-07-2021, 02:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
anyone knows the typical performance bonus for MO/BO functions at ocbc/uob/dbs, and when it is usually paid out? understand the quantum is ultimately down to individual performance. but i would to know a range to better gauge whether i should take up an offer. thank you.
I heard 0.5-1.5 months given out this year end Mar/early Apr for OCBC and DBS. No increment unless promoted.

Reply With Quote
  #494 (permalink)  
Old 07-07-2021, 04:05 PM
KKK
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
anyone knows the typical performance bonus for MO/BO functions at ocbc/uob/dbs, and when it is usually paid out? understand the quantum is ultimately down to individual performance. but i would to know a range to better gauge whether i should take up an offer. thank you.
Hello, I'm not from those banks but can quote that the range of bonus will typically be about ~2/3 months. You must understand that MO/BO are cost centers and not revenue generating so it is hard for the bank to pay more in terms of bonus to those functions.
Reply With Quote
  #495 (permalink)  
Old 07-07-2021, 04:15 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by KKK View Post
Hello, I'm not from those banks but can quote that the range of bonus will typically be about ~2/3 months. You must understand that MO/BO are cost centers and not revenue generating so it is hard for the bank to pay more in terms of bonus to those functions.
not from those banks yet can quote range

well then im the ceo of goldman sachs
Reply With Quote
  #496 (permalink)  
Old 07-07-2021, 04:16 PM
Unregistered
Guest
 
Posts: n/a
Default

think it's understandable that MO/BOs don't get as much bonuses as the revenue generating arms. it's a fair risk-reward trade off basically. MO/BO jobs come with greater stability and predictability than FOs after all.

2-3 mth of bonus is not too bad. 0.5-1.5 mth is quite low. I hope it's just a temporary reduction due to COVID?
Reply With Quote

  #497 (permalink)  
Old 07-07-2021, 05:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
think it's understandable that MO/BOs don't get as much bonuses as the revenue generating arms. it's a fair risk-reward trade off basically. MO/BO jobs come with greater stability and predictability than FOs after all.

2-3 mth of bonus is not too bad. 0.5-1.5 mth is quite low. I hope it's just a temporary reduction due to COVID?
and what if it isnt a temporary reduction? what are u gonna do?
Reply With Quote
  #498 (permalink)  
Old 08-07-2021, 01:45 PM
Unregistered
Guest
 
Posts: n/a
Default

Then ask for a higher base, get it?
Reply With Quote
  #499 (permalink)  
Old 08-07-2021, 03:45 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by KKK View Post
Hello, I'm not from those banks but can quote that the range of bonus will typically be about ~2/3 months. You must understand that MO/BO are cost centers and not revenue generating so it is hard for the bank to pay more in terms of bonus to those functions.
Heard that for BO/MO, local banks generally give higher bonuses to compensate their lower base pay.
Reply With Quote
  #500 (permalink)  
Old 09-07-2021, 08:25 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Heard that for BO/MO, local banks generally give higher bonuses to compensate their lower base pay.
Compared to large Western banks like JP/BOA/HSBC/Citi, local banks neither pay high salaries nor high bonuses, in fact pretty low. And it's across all functions, BO/MO/FO. But if you compare to small Asian banks like KEB/Maybank/Bank of India etc then yes local bank pay is about there.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Local Vs Foreign Bank Jobs Income and Jobs 18 01-02-2018 07:34 PM
jump from foreign bank to local bank arrownarrow Income and Jobs 4 30-07-2017 06:35 PM
DBS vs UOB vs OCBC: Among these 3 local banks, which is the best to work in? dreamzknight Income and Jobs 11 05-07-2016 09:54 PM
SPF : What are the salaries of an ASP and above ranks. curious_george Income and Jobs 2 22-06-2015 10:16 AM
$3.5K for an IT role in a local bank unknown Income and Jobs 11 14-03-2014 02:13 PM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
6,139 Replies, 3,899,490 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
329 Replies, 288,676 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,148 Replies, 2,871,364 Views
Lawyer Salary ( 1 2 3... Last Page)
18,036 Replies, 7,107,486 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,135 Replies, 437,108 Views
How to make money online as a...
2 Replies, 1,329 Views
Bnp paribas graduate ( 1 2 3... Last Page)
193 Replies, 113,184 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,355 Replies, 1,161,215 Views
Micron starting pay ( 1 2 3... Last Page)
554 Replies, 213,120 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
348 Replies, 141,622 Views
ST engineering starting pay ( 1 2 3... Last Page)
110 Replies, 67,672 Views
Engineer Pay ( 1 2 3... Last Page)
521 Replies, 283,673 Views
IMDA (under MCI) ( 1 2 3... Last Page)
351 Replies, 179,434 Views
ST Electronics ( 1 2 3... Last Page)
3,137 Replies, 952,251 Views
How much do you earn and save? ( 1 2 3... Last Page)
382 Replies, 179,958 Views
Electrical Engineering Jobs in...
0 Replies, 93 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,470 Replies, 2,525,682 Views
Compare civil service salary ( 1 2 3... Last Page)
14,832 Replies, 9,586,640 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,492 Replies, 721,273 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
559 Replies, 231,202 Views
IMDA AIM Graduate Development... ( 1 2)
10 Replies, 4,408 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
727 Replies, 202,649 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
335 Replies, 109,074 Views
How is life as a doctor in... ( 1 2 3... Last Page)
4,278 Replies, 2,106,911 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,225 Replies, 586,636 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,373 Replies, 757,511 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,685 Replies, 3,306,955 Views
Anyone worked in singhealth/nhg? ( 1 2 3... Last Page)
66 Replies, 127,750 Views
Working Culture in IRAS ( 1 2 3... Last Page)
67 Replies, 121,969 Views
Early Retirement
7 Replies, 2,496 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:20 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2